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Humiliated Putin’s Nightmare Deepens After ‘Overwhelming’ Attacks
The Daily Beast • • world
Key Points:
- Ukraine's sustained drone attacks on Russian oil refineries have significantly weakened Russia's oil-refining capacity, crucial for funding President Putin's invasion efforts.
- The International Energy Agency (IEA) downgraded its forecast for Russian oil processing to 4 million barrels per day over the next 18 months, a 30% reduction from pre-invasion levels.
- The IEA attributes the decline to persistent Ukrainian drone strikes, difficulties in repairing infrastructure due to international sanctions, and increased precision and frequency of attacks.
- Russia is facing severe fuel shortages, with long lines at gas stations, as Ukraine targeted at least 22 refineries in August alone, the highest monthly total since the conflict began.
- The IEA cautions that the situation may worsen due to longer replacement part lead times and the onset of colder weather, which could further strain Russia's refining system.
